Industries/ AI, Data & Compute/ Cloud & Storage

Cloud & Storage on PYRAX

Cloud and storage underpins every digital workload, but the dominant model concentrates data in a few providers, creating lock-in, egress fees, and single points of failure and censorship. PYRAX pairs with decentralized storage to make data content-addressed and encrypted, provably retrievable, and monetizable per byte: PYRAX Compute runs compute-to-data next to the bytes, escrow settles storage and retrieval per proof, and eth_getProof lets anyone verify a file's integrity and availability.

Market size
$91B (2024)
Projection
$472B by 2032 · ~23% CAGR

The market

$91B
Cloud storage market (2024)
180+ ZB
Global data created per year
~30%
Cloud spend lost to egress/waste
80%+
Enterprises citing vendor lock-in risk

Source: Fortune Business Insights, 2024. Figures are indicative and provided for context.

What's broken today

Data centralization creates lock-in, censorship risk, and correlated outages.
Egress fees and opaque pricing penalize moving or reusing your own data.
Providers self-report durability and availability — there is no independent proof a file is intact.
Storing regulated data with third parties raises sovereignty and confidentiality concerns.

How PYRAX transforms it

Concrete network elements mapped to this business.

Content-addressed encrypted storage

Files are encrypted client-side and referenced by content hash, so integrity is self-verifying and the same bytes are addressable across any provider without lock-in.

eth_getProof retrievability proofs

Storage providers commit availability to state, letting clients cryptographically verify a file is stored and retrievable rather than trusting an SLA.

Escrow + per-byte micro-payments

Storage and retrieval settle in metered PYRX against proofs of service, replacing surprise egress bills with transparent, pay-for-what-you-use pricing.

Compute-to-data via PYRAX Compute

Analytics and inference run where the data lives, so large datasets are queried in place — no egress, and results come back with a ComputeReceipt.

Shielded access + viewing keys

Access grants and usage stay private on-chain while viewing keys give a data owner or regulator scoped, auditable visibility into who read what.

Buildathon: dApp ideas

Ship-ready concepts for cloud & storage on PYRAX.

PinProof

01

Content-addressed storage layer that anchors each file's hash and proves retrievability via eth_getProof.

StorageZK

MeteredBucket

02

Pay-per-byte object store that escrows PYRX and settles storage and retrieval against proofs of service.

EscrowStorage

QueryInPlace

03

Compute-to-data warehouse that runs analytics next to the bytes and returns receipted results.

Compute-to-dataPYRAX Compute

ShieldDrive

04

Encrypted personal drive with viewing-key sharing and immutable access logs.

ShieldedGov

ReplicaMarket

05

Redundancy market where independent nodes bid to hold and prove replicas of critical data.

StorageEscrow

SovereignVault

06

Jurisdiction-aware storage that keeps regulated data in-region with provable placement.

GovStorage

ColdArchive

07

Long-term archival with periodic on-chain proofs that cold data is still intact and recoverable.

StorageZK

CDNMesh

08

Decentralized CDN that pays edge caches per verified delivery of content-addressed assets.

EdgeEscrow